BuzzFeed to forecast 2014 revenue of up to $120M

BuzzFeed Inc., the online publisher of news, lists and quizzes that are designed to be shared on social media, is forecasting revenue of as much as $120 million in 2014, said two people with knowledge of its financials.The sales level will depend on how many advertising deals are booked next year, said one of the people, who asked not to be identified because the numbers are private. BuzzFeed has projected about $60 million in sales for 2013, according to another person familiar with the matter, indicating that revenue may double next year.BuzzFeed, based in New York, is completing work on its 2014 budget and will soon present the numbers to the board, one of the people said. This year's revenue projection was raised from $40 million in the middle of 2013 because the company was growing faster than expected, according to the person.BuzzFeed, started in 2006 by Huffington Post co-founder Jonah Peretti, relies on Facebook and other social networks to spread its articles and videos, which can range from weighty political coverage to photo lists such as "The 29 Most Important Twerking Moments Of 2013." It attracted more than 130 million unique visitors in November, its biggest traffic month ever, the company said yesterday in a statement.Unlike traditional news sites, BuzzFeed doesn't rely on banner ads. Instead, it creates sponsored versions of its articles for advertisers, such as a list of animated images that promotes Google+ Photos or a feature on winter attractions in... Continue reading at 'Crains New York'

[ Crains New York | 2013-12-04 00:00:00 UTC ]
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Job Moves: June 3, 2014

Indigo Books & Music has appointed Laura Carr, senior v-p, finance to the position of executive v-p and CFO, effective June 25. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-03 00:00:00 UTC ]
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BEA 2014: Lidia Bastianich on Commonsense Cooking, Food Memories, and Eating Well

In an interview with food critic Adam Platt, Lidia Bastianich discussed her favorite meals and offered encouragement to novice cooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Book Deals: Week of June 2, 2014

SMP inks Antoinette, Coleman in major deal and more in this week's notable book deals. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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BEA 2014: Big Names and Big Flavors for Fall Cookbooks

Perusing the cookbook offerings at BEA revealed upcoming titles from big names and newcomers alike, and news that "Lucky Peach" is looking at getting into cookbooks. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Religious Booksellers Trade Exhibit 2014: Catholic Show Soldiers On

With half as many vendors and buyers as last year, the 23rd annual Religious Booksellers Trade Exhibit was very quiet. But one thing came through loud and clear: Catholic publishers are betting Pope Francis’ popularity will translate into burgeoning book sales,. And speculation on the future of... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Job Moves: June 2, 2014

Long-time adult frontlist book buyer Bill Cusumano, who has been with Nicola’s Books in Ann Arbor, Mich., for the past two decades, is heading South. Later this month he will become a bookseller at Square Books in Oxford, Miss. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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MIP 2014: On Digital Books and the New Subscription Economy

New research on subscription ebook models from BISG shows publishers are still reticent, while consumers who embrace the model continue to buy books. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-06-02 00:00:00 UTC ]
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Smorgasbord: Links of Note, June 2, 2014

This week, we’re reading about the cookbook legacy of Dr. Maya Angelou, Michael Ruhlman’s top egg dishes in New York City, and more. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Authors on the Air June 2, 2014: A.J. Baime

A.J. Baime, author of "The Arsenal of Democracy: FDR, Detroit, and an Epic Quest to Arm an America at War" (Houghton Mifflin Harcourt, 9780547719283), will appear on NPR’s "The Takeaway" on Tuesday, June 3. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-02 00:00:00 UTC ]
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Native Ad Revenue May Be One Click Away With ‘Selfies’

Community news publishers everywhere are searching hard for new revenue. But who knew that dollars might be staring them virtually  in the face?   Broadstreet, which provides ad services to news publishers, is offering a new ad unit c ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2014-06-02 00:00:00 UTC ]
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Buyer's Guide: Diversifying Revenue with Video, Webinars, and Events

By John Parsons This article is from the  Publishing Executive  Buyer's Guide   which is a publisher's reference on emerging technology in the media industry. You can find other Buyer's Guide Sections here: ... Continue reading at Publishing Executive

[ Publishing Executive | 2014-06-01 00:00:00 UTC ]
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BuzzFeed Changes Labels on Promoted Content

BuzzFeed is revamping how it specifies sponsored content. The site will now label branded content with a small, bold yellow box stating it is "promoted by" a particular marketer, and brand pages will be labeled "brand publisher" instead of "featured partner." BuzzFeed previously designated... Continue reading at AdWeek

[ AdWeek | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Mario Batali: Farmers as Rock Stars

As Justin Timberlake is to pop stars, Mario Batali is to chefs, yet that’s not how he sees it. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: John Green: Book to Screen

All that hard work promoting The Fault in Our Stars—which started three years ago with John Green signing pages to be bound into the 150,000 copies of the novel’s first print run from Dutton—has paid off. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Wisdom’s Offerings

Wisdom Publication is showcasing two titles that offer advice about life: Brave Parenting: A Buddhist Inspired Guide to Raising Resilient Children by Krissy Pozatek (Mar.) and Don’t Worry, Be Grumpy: Inspiring Stories for Making the Most of Each Moment by Ajahn Brahm (Oct.). Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Jennifer Holm: Believe in the Possible

At 10 a.m. today, when Newbery Honors recipient Jennifer L. Holm signs The Fourteenth Goldfish, due out in August, at the Random House booth, it marks over a decade since Holm has been to the show. “The last time I was at BEA was in 2001. Back then, I was a New Yorker and a newlywed with my... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Aiming for DIY Sustainability

According to Adams Media, a division of F+W Media, the Avon, Mass., publisher’s mission is to provide “practical and meaningful content” that “inspires, informs, and impacts” lives. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Lev Grossman and Deborah Harkness: Magical Flights of Fantasy

As Lev Grossman celebrates the August release of The Magician’s Land, the final volume in his Magicians trilogy, and Deborah Harkness celebrates the July release of The Book of Life, the final volume in her All Souls trilogy, the two credit the zeitgeist, as well as the skills they honed in... Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Kathy Reichs: A Villain, a Mother, and Temperance Brennan

Temperance Brennan is back in Kathy Reichs’s highly anticipated 17th novel, Bones Never Lie, coming from Bantam in September. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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BEA 2014: Carl Hiaasen: Never Be Boring

This morning at BookCon, 10–11 a.m., Room 1E07, two literary stars from south of the Mason-Dixon line, Carl Hiaasen and John Grisham, are in conversation with each other for the first time. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-05-31 00:00:00 UTC ]
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